$1,200,000

1304 Main Avenue , Durango, CO 81301

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:6,425 sqft
Lot:0.17
Year Built:1918
Listing Status:(None specified)

Listing Agent

John Wells
http://www.wellsgroupdurango.com
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Loan Amount:
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Monthly tax: $
Total Payment:$

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Description

John M Wells, The Wells Group of Durango, LLC, C: 970-749-1440, johnw@wellsgroupdurango.com, wellsdurangorealestate.com: Situated on the north end of Historic Downtown Durango, this corner location has excellent visibility. The lot can be either totally redeveloped or used as is. The tract of land includes a total of four structures: a commercial building on Main Avenue that can be used/leased as one or two spaces (with some division) and three residential buildings (four residential rental units) off of 13th Street. The commercial space also has storage in the large basement. The three residential structures are split into one with two units and two with single unit setups. Ample off street parking is available for all units. The pricing is based on what the property income can be as it is configured, or if the site was redeveloped, based on recent land sales in the vicinity of this property. This is a wonderful investment opportunity in the heart of Durango.current rents for the residential units are $3,950 per monththe lease for the commercial office space that just vacated as the tenant needed more space was $3,500/ month which was reasonable for the space based on price per sf.

Detailed Items

Other Information

1304 Main Avenue, Durango, CO, 81301 is a commercial sale listing of 6,425 sqft on a lot of 0.17. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property1304 Main Avenue, Durango, CO
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